Leasehold Motel for Sale Waikato

Leasehold Motel, Returning $360K+ to Working Couple

Business for Sale Description

A profitable leasehold motel in the Waikato region is for sale. Currently under full management, the owners do not usually get involved in the day-to-day operations.

Current owners are motivated and have other plans for their future.

Located in a highly demanded place with many activities and attractions.

More than 29 years lease remaining.

Returning over $285K pa in accounts 2017 for non-working owners, would return $360K+ for a working couple.

Three bedroom owners accommodation attached to the motel.

Rent is around 32% of the turnovers.

Turnovers increased by 18.6% in April, May, June and July 2017 to the same period last year.

Motivated owners welcome any reasonable offers.

Much potential to grow.

To find out more, go to www.linkbusiness.co.nz/BPW00454
and press the “Enquire Now” button to complete an online confidentiality agreement.

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.